ORGANON & CO (OGN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OGN - US68622V1061 - Common Stock
Overall OGN gets a technical rating of 3 out of 10. In the past year, OGN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of OGN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.88
We found 1 important support area.
- A support zone ranging from 6.95 to 7.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.20 to 8.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.08 from a trend line in the weekly time frame.
- Resistance @9.69 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for OGN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OGN is up. |
| ChartMill Relative Strength | 9.38 | NEGATIVE | OGN has a low relative strength, it was outperformed by 90.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.62 | NEUTRAL | The RSI value for OGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests OGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.93 | NEUTRAL | The Stochastics value for OGN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for OGN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.89 | NEUTRAL | The ADX value for OGN suggests a possible start of a new trend. |
8.05
-0.08 (-0.98%)
ORGANON & CO / OGN FAQ
Can you provide the ChartMill technical rating for ORGANON & CO?
ChartMill assigns a technical rating of 3 / 10 to OGN.
What is the current trend direction of ORGANON & CO (OGN) stock?
The current trend direction for ORGANON & CO (OGN) is Bearish.
What is the RSI signal for OGN stock?
ORGANON & CO (OGN) has an RSI value of 65.6235. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ORGANON & CO?
The MACD indicator for ORGANON & CO (OGN) has a value of 0.148235, indicating a bearish trend.
What are the support and resistance levels for ORGANON & CO (OGN) stock?
ORGANON & CO (OGN) has a support level at 7.01 and a resistance level at 8.2. Check the full technical report for our detailed analysis of OGN support and resistance levels.